Gvk Power (Goindwal Sahib) Ltd vs Punj Llyod Ltd on 8 March, 2017

1. These six appeals arise out of a common judgment dated 21.04.2015

and a common order of the same date passed by a learned Single Judge of

this Court in OMP Nos. 24/2015, 25/2015 and 27/2015 which had been

filed by Punj Lloyd Limited (PLL) seeking interim reliefs under Section 9

of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as ‗the

said Act’).

2. The said three petitions were in respect of three separate agreements

between PLL and GVK Power (Goindwal Sahib) Limited (GVK). All the

three agreements had been entered into on 14.09.2009. GVK had appointed

PLL as a sub-contractor in respect of a contract that GVK had been

awarded by the State of Punjab for building, owning and operating a coal

fired electricity power plant consisting of 2×270 MW Units at Goindwal

Sahib, Tarn Taran District, Punjab. One agreement was for balance of plant

supplies ex-works for steel and cement for the sum of Rs 257 crores. This

FAO(OS)222/2015 & ORS. Page 2 of 24
agreement formed the subject matter of OMP 27/2015 and ultimately

FAO(OS) 223/2015. The second agreement which was also of 14.09.2009

related to the balance of plant supplies ex-works for a sum of Rs 448 crores.

This agreement formed the subject matter of OMP 24/2015 and FAO(OS)

224/2015. The third agreement which was again of 14.09.2009 was for

construction and services for the sum of Rs 250 crores. This formed the

subject matter of OMP 25/2015 and FAO(OS) 222/2015.

Source: Indian Kanoon

Leave a Reply

*